OREANDA-NEWS. November 13, 2015. In compliance with Clause 2 of Article 18926 of the Federal Law ‘On the Insolvency (Bankruptcy)’ and due to the revocation of the banking licence from the Moscow-based credit institution Public Joint-stock Company Regional Bank for Development or PJSC RBD (Bank of Russia Registration No. 2782, date of registration is 6 April 1994) (Order No. OD-3097, dated 10 November 2015) the Bank of Russia took a decision (Order No. OD-3098, dated 10 November 2015) to appoint from 10 November 2015 a provisional administration to manage the credit institution Public Joint-stock Company Regional Bank for Development for a term in accordance with the Federal Law ‘On the Insolvency (Bankruptcy)’ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Irina A. Smirnova, chief economist of the information and analysis sector of the banking supervision section of the Kostroma Branch, has been appointed as a head of the provisional administration of the credit institution Public Joint-stock Company Regional Bank for Development.

The provisional administration to manage the credit institution Public Joint-stock Company Regional Bank for Development also includes: M.S. Papin, Ya.A. Raidudina, Yu.O. Aksenova, I.S. Lyutov, L.A. Drobotova, A.V. Sharapov, S.V. Rufimsky, O.N. Ablayev, R.T. Galimov, A.N. Mansurov, E.F. Mukhamadeeva, A.A. Shulga, V.M. Tarasov, S.A. Sokolov, S.V. Belyakova, A.V. Vasiliev.